ClearSign Technologies Q2 EPS $(0.04), Inline, Sales $150.00K Miss $620.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
ClearSign Technologies reported Q2 losses of $(0.04) per share, in line with analyst consensus. However, the company's quarterly sales of $150.00K missed the analyst consensus estimate of $620.00K by 75.81%.
August 31, 2023 | 8:07 pm
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ClearSign Technologies' Q2 earnings were in line with estimates, but sales significantly missed expectations.
ClearSign Technologies' earnings per share met analyst expectations, which is a positive signal. However, the company's sales missed the consensus estimate by a significant margin, which is likely to negatively impact investor sentiment and potentially the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100